Brexit

Data Round Up: Non Manufacturing Remains Healthy; Brexit Still on Course

written by Michael Lewis on November 03, 2016

FMI’s analysis of this morning’s October Non-Manufacturing Index as well as notes on this morning’s September Manufacturers’ Shipments, Orders & Inventory (MSIO) report and an update on October Vehicle Sales.

Brexit Anxiety: Penny Foolish, Pound-Wise

written by Michael Lewis on October 14, 2016

FMI’s Commentary on the renewed, but still-completely-unfounded anxieties over the UK ‘Brexit’ from the European Union.

FMI July 2016 Economic and Investment Outlook

written by Michael Lewis on July 01, 2016

Once dust settles (soon), global macro landscape will show little change; UK will take ‘associate’ EU status. Brexit will have no tangible economic impact on US. U.S. real GDP picked up to +2 1⁄2% in 16Q2, will sustain healthy pace into 2017. Core inflation likely to exceed Fed’s +2% target by early next year. Yellen will pause, but rate hikes should resume by year-end.